Internal Code: 1AJJCC
The objective of this exercise is for you to select appropriate analysis tools presented in lectures and use them to gain a thorough understanding of an industry, as agreed upon, through the lens of either a business wanting to enter the industry, a business in the industry who wants to evaluate their strategic position or a business that wants to analyze the industry from an existing product/service perspective.Introduction
The industry agreed upon and why
The perspective of the analysis
Your assumed strategic position
The vision of the business
Executive Summary
An overview of the process you went through
Recommendations based on the perspective you have taken
Analysis
External Environment Analysis (Select two tools from; do NOT use SWOT)
PESTEL or your choice
Porter’s Five forces or your choice
Product & Service Life Cycle
Environmental Turbulence
Customer Analysis
Buyer Influences
Buyer Decision Process
Research Methods (what research methods you would use and why. But an actual research is not required)
Competitor Analysis
Obtaining competitor information (How authentic and accurate is the information?)
Identifying competitors in your strategic group (How is this done and who are they?)
Biblical Analysis
5Ps perspective
Conclusion
Compare and contrast assumed strategic position and actual strategic position as a result of the analysis
In academic writing, all your opinions must be supported - you should produce your evidence and explain why this evidence supports your point of view. It is important to distinguish between (see Toulmin, 1958):
your claim (proposition, thesis, point, position) - your point of view, what you believe;
your reason(s) (explanations)- why you believe what you do;
your evidence (support or grounds) - the facts, data and examples that support your point of view; and
your argument (warrant) - how the evidence you have provided leads to the claim your are making.
An Executive Summary aims to:
Provide a brief overview of the whole report so that executives or managers could read the executive summary alone without the accompanying report.
Allow the reader to quickly understand the information contained in the report
Persuade the reader that the document is worthy of being read.
Provide concise, complete, specific and self-sufficient information that can be understood in isolation.
Writing an Executive Summary
The executive summary is normally not more than a page in length
The executive summary is provided on a separate page at the beginning of the report before the Table of Contents.
An impersonal writing style is used so as to ensure that the report remains formal especially if the audience is your manager or supervisor.
At least one sentence is provided for each main section of the report
the whole report so that executives or managers could read the executive summary alone without the accompanying report.
Allow the reader to quickly understand the information contained in the report
Persuade the reader that the document is worthy of being read.
Provide concise, complete, specific and self-sufficient information that can be understood in isolation.
Writing an Executive Summary
The executive summary is normally not more than a page in length
The executive summary is provided on a separate page at the beginning of the report before the Table of Contents.
An impersonal writing style is used so as to ensure that the report remains formal especially if the audience is your manager or supervisor.
At least one sentence is provided for each main section of the report
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